Shareholders of Donetskstal have given their preliminary consent to have a large deal of a financial revocable aid of 12.32 billion UAH with counterparty. The decision was taken at the extraordinary meeting on December 5. The cost of the company assets is 8.954 billion UAH. The shareholders have also preliminary agreed to write off a…
Donetskstal estimates investments in the construction of new objects at Pokrovskoye Mine Group to extract coking coal at 530 million UAH per year. “None is carrying out such products in Ukraine now. Moreover, in the post-Soviet space only a handful of companies actively invest in the development of coal industry,” the company CEO Ildar Saleyev…
This year Donetskstal intends to invest $100 in its development. “And in the next 5 years we will carry out a number of projects, which will let us increase output 2-fold”, the company CEO Ildar Saleyev said. Since the start of the year Donetskstal has created 600 jobs. (Ukrainian metal)
Donetskstal has become a full member in the European Coal Association EURACOAL. The decision has been made at the association meeting in Krakow. According to the company CEO Ildar Saleyev, this will enable Donetskstal to get expert support when switching to European standards, start exchanging experience with EU colleagues and get access to technological expertise…
Donetsk region mining business continues increasing wages to its employees. As a result, some underground professions already exceed the average level of salary in Poland and the Czech Republic for Ukrainian workers. Average increase in wages reaches 15%. The growth will cover over 10 thousand employees of 8 companies-partners of Donetskstal, including the Pokrovskoye Mine…
A Donetskstal recruiting center started operating in the town of Porkovsk. So far the center offers a broad range of jobs with wages up to 35 thousand UAH. “In Q1 we have found jobs for over 600 people. We give them the opportunity to get a decent job and salary, remaining at the same time…
Corum Group and one of the largest manufacturers of coking coal – Donetskstal – have concluded a strategic alliance for 3 years. According to the companies, long-term cooperation could positively influence their business. The parties have decided on three main goals of the alliance: – the increase of coal mining efficiency thanks to the improvement…
The Commercial Court of Donetsk region has determined 4 amicable agreements between the fund Glori represented by the Investment Capital Ukraine LLC and Donetskstal. According to the agreements, Donetskstal has to clear its debts of 2.08 billion UAH to Glori within one month. The debts arose from loans received by the company in 2011-2012. (Ukrainian…
